From January through March of 2019, there were 24 homes sold, with a median sale price of $60,750 - a 64.2% increase over the $37,000 median sale price for the same period of the previous year. There were 18 homes sold in Salem in the first quarter of 2018.
The median sales tax in Salem for the most recent year with available data, 2017, was $1,284, approximately 2.1% of the median home sale price for the first quarter of 2019.
The following table compares Salem to other Marion County cities in the first quarter of 2019:
| City | Jan. - Mar. 2019 Home Sales | Jan. - Mar. 2018 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2019 Median Sales Price | Jan. - Mar. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Kell | 3 | 1 | 200% | $192,000 | $4,000 | 4700% |
| Iuka | 2 | 5 | -60% | $100,000 | $160,000 | -37.5% |
| Salem | 24 | 18 | 33.3% | $60,750 | $37,000 | 64.2% |
| Sandoval | 4 | 3 | 33.3% | $56,000 | $3,000 | 1766.7% |
| Centralia | 31 | 46 | -32.6% | $54,900 | $31,000 | 77.1% |
| Patoka | 2 | 5 | -60% | $27,250 | $12,000 | 127.1% |
| Kinmundy | 2 | 2 | 0% | $22,553.50 | $53,500 | -57.8% |
| Odin | 6 | 5 | 20% | $21,750 | $62,000 | -64.9% |
| Vernon | 1 | 0 | - | $17,000 | $0 | - |
| Wamac | 1 | 1 | 0% | $7,500 | $5,500 | 36.4% |
| Junction City | 0 | 0 | - | $0 | $0 | - |
| Central City | 0 | 2 | -100% | $0 | $29,500 | -100% |
| Alma | 0 | 0 | - | $0 | $0 | - |
| Walnut Hill | 0 | 1 | -100% | $0 | $5,000 | -100% |
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